AArts, Culture & HumanitiesEIN: 340834212· Ruling Year: 1959

Fine Arts Association Willoughby

Willoughby, Ohio

B+Health Score
74B+

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Good

How This Organization Compares

Compared to 2 peers in Arts, Culture & Humanities with $1M-$10M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org2.09×
Peer Median210.95×
💰
$2.5M
Total Revenue
📊
$2.5M
Total Expenses
🏦
$5.3M
Net Assets
📋
$1.2M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+52.1%
Year-over-year change (2022 → 2023)
Net Margin
-1.2%
Revenue minus expenses as % of revenue
Working Capital Ratio
2.09
Net assets divided by total expenses
Liabilities-to-Assets
18.8%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$2,487,05652%$2,516,59613%$6,486,02012%
2022$1,634,83220%$2,218,38720%$5,808,86215%
2021$1,367,39122%$1,844,51510%$6,805,0415%
2020$1,750,9003%$2,041,4208%$6,475,3582%
2019$1,800,9914%$1,895,3632%$6,621,7371%
2018$1,723,60014%$1,934,5036%$6,586,1722%
2017$2,007,46323%$1,830,8902%$6,719,5425%
2016$2,622,7026%$1,876,6299%$6,372,27512%
2015$2,783,65952%$1,727,5521%$5,677,71824%
2014$1,827,98612%$1,739,3175%$4,591,2284%
2013$2,074,5094%$1,651,3243%$4,427,29411%
2012$1,987,14321%$1,609,9879%$4,003,22210%
2011$1,640,676$1,478,552$3,652,102

Frequently Asked Questions

What does Fine Arts Association Willoughby do?

Fine Arts Association Willoughby is a arts, culture & humanities nonprofit organization based in Ohio. It is classified under NTEE code A030 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Fine Arts Association Willoughby financially healthy?

Based on our 9-metric Financial Health Score model, Fine Arts Association Willoughby has a score of 74/100 (Grade: B+). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does Fine Arts Association Willoughby generate?

Fine Arts Association Willoughby reports $2.8M in annual revenue and holds $6.1M in total assets, based on IRS filings.

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Fine Arts Association Willoughby — Willoughby, OH | GiveScope